Contingency allocation of construction cost estimates for building projects in Myanmar (Record no. 22786)

MARC details
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005 - DATE AND TIME OF LATEST TRANSACTION
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008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 211099s1999 th uu m rtt 00| a1eng d
035 ## - SYSTEM CONTROL NUMBER
System control number .b11764557
099 #9 - LOCAL FREE-TEXT CALL NUMBER (OCLC)
Classification number AIT Thesis no.ST-99-47
100 0# - MAIN ENTRY--PERSONAL NAME
Personal name Aye Thandar Kyaw
245 10 - TITLE STATEMENT
Title Contingency allocation of construction cost estimates for building projects in Myanmar
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Bangkok :
Name of publisher, distributor, etc. Asian Institute of Technology,
Date of publication, distribution, etc. 1999
300 ## - PHYSICAL DESCRIPTION
Extent 97 leaves :
Other physical details ill.
490 1# - SERIES STATEMENT
Series statement Thesis ;
Volume/sequential designation no. ST-99-47
502 ## - DISSERTATION NOTE
Dissertation note Thesis (M.Eng.) - Asian Institute of Technology, 1999
500 ## - GENERAL NOTE
General note A thesis submitted in partial fulfillment of the requirements of the degree of Master of Engineering, School of Civil Engineering
520 ## - SUMMARY, ETC.
Summary, etc. A cost estimate is an instrument intended to predict the total anticipated expenditure required to complete a particular construction project. The process starts with a measurement of work that is followed by pricing of quantities. Due to the risky nature of construction practice, the process of pricing quantities introduces the elements of risk and uncertainty into estimating and it leads to the cost overruns. In most cases, the actual project cost is higher than the estimated cost before adding any allowance to the estimate. To cover the cost overruns situation, an allowance of contingency should be added to the estimate. There is no fixed rule on how to allocate the right amount of contingency to construction cost estimate. The traditional practice is to allocate a certain percentage mark-up of estimated cost as an allowance of contingency. Although adequate contingency allocation will reduce the chance of cost overruns, a theoretical approach of contingency allocation to cost estimate is not widely used. This study attempted to find the most cost overrun areas of a construction project based on its estimate and contingency is assessed individually for each. All of the project prices data were collected from the nine construction firms located in Yangon area. The collected data was analyzed by probabilistic theory to develop a reliable contingency allocation approach than the traditional practice. This development will cover the possible future risk and uncertainty to a project and tends to increase the chance of the actual project cost not exceeding than the base estimate plus contingency. It also shows the cost overrun areas of a project and contingency is allocated to each area by the amount of its cost overrun.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Construction industry
Geographic subdivision Myanmar
General subdivision Costs
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Building
General subdivision Estimates
Geographic subdivision Myanmar
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Manavazhi, M.R.,
Relator term Chairperson
700 0# - ADDED ENTRY--PERSONAL NAME
Personal name Chotchai Charoenngam,
Relator term Examination Committee
700 0# - ADDED ENTRY--PERSONAL NAME
Personal name Nguyen Luong Bach,
Relator term Examination committee
710 2# - ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element ADB-JSP Scholarship,
Relator term Scholarship donor
810 2# - SERIES ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element Asian Institute of Technology.
Title of a work Thesis ;
Volume/sequential designation no. ST-99-47
856 ## - ELECTRONIC LOCATION AND ACCESS
Materials specified Full-Text
Uniform Resource Identifier <a href="http://203.159.5.9/ait-thesis/detail.php?q=B13142">http://203.159.5.9/ait-thesis/detail.php?q=B13142</a>
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Operator's initials, OID (RLIN) 0
Cataloger's initials, CIN (RLIN) 991021
First date, FD (RLIN) m
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Koha item type 22-AIT Thesis (Replacement)
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Koha item type 40-Archives
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Koha item type 20-AIT Publication
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Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Shelving location Date acquired Cost, normal purchase price Total checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library AIT Publications 18/08/2026 50.00   AIT Thesis no.ST-99-47 30050120709638 18/08/2026 3 18/08/2026 22-AIT Thesis (Replacement)
      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library Archives 18/08/2026     AIT Thesis no.ST-99-47 30050160102439 18/08/2026 1 18/08/2026 40-Archives
      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library AIT Publications 18/08/2026 50.00   AIT Thesis no.ST-99-47 30050121002538 18/08/2026 1 18/08/2026 20-AIT Publication
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